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Nov 22, 2012
11/12
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FBC
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why do you want to pay more taxes? >> well, i don't want to pay more taxes. i don't think anybody wants here. i'm part of a group called the patriotic millionaires and we are all willing to pay more taxes. so it's clear that all of us, the whole country is in a position where all of us individuals, the working people, the wealthy people, corporations, all of us together have to pay for all of the spending that we have done over the last 12 years. >> why don't we cut spending? why don't we start with something that senator coburn announced today. there is so much that can be saved by cutting nondefense spending, things like a smartphone application. it these are the things we are spending money on. they cut that we can make. >> so we have to do new cuts and paperwork. we have to pay for all of the spending we have done for the last 12 years. and we are kind of all in this together. so i don't think that, you know, i have spent the last two days talking to both sides of the senate. i have spent time talking to representatives in the house and white house. the m
why do you want to pay more taxes? >> well, i don't want to pay more taxes. i don't think anybody wants here. i'm part of a group called the patriotic millionaires and we are all willing to pay more taxes. so it's clear that all of us, the whole country is in a position where all of us individuals, the working people, the wealthy people, corporations, all of us together have to pay for all of the spending that we have done over the last 12 years. >> why don't we cut spending? why...
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Nov 29, 2012
11/12
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KRON
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this would be a good tax refund. i the clock is ticking and we have 33 days until the clift. we love numbers. if we can do it countdown will do with the this is the latest. >> hopefully they can get a deal done. >> lindsay lohan was arrested a gang for fighting. here she is she was released from jail this morning. she has a black jacket covering her head and apparently she identify with that woman as she hitter in the face. this was at a nightclub overnight. the witnesses stated that she struck are in the face with a hand. she did not require medical condition lohan has another arrest under her belt. she is charged with third degree assault. >> 6:53 a.m. and will be right back. it is strauss' size of this is good news compared to yesterday. enjoy your ride to work or school and will be right back. line towards are rust is in trouble. they're having problems fulfilling torrid orders. many customers who place orders stated that they're receiving e-mail sector orders have been canceled. numerous customers posted their stories on torahs are russ facebook page. they stated that cu
this would be a good tax refund. i the clock is ticking and we have 33 days until the clift. we love numbers. if we can do it countdown will do with the this is the latest. >> hopefully they can get a deal done. >> lindsay lohan was arrested a gang for fighting. here she is she was released from jail this morning. she has a black jacket covering her head and apparently she identify with that woman as she hitter in the face. this was at a nightclub overnight. the witnesses stated...
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Nov 26, 2012
11/12
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FOXNEWSW
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reform and spending cuts over the raising of taxes. here is the senate republican leader on what the g.o.p. is offering. >> without compromising our principles we put skin in the game and recognition to the fact while democrats don't run this town, neither do we. we have been responsible even as we remain firm on this point. no tax increases now for promised spending cuts that you will not materialize later. the american people have seen that game before. they won't be fooled again. >> house republicans are planning to bring in on wednesday a number of c.e.o.'s of caterpillar, goldman sachs and all state and other key players on fiscal includes including erskine bowles co-author of the simpson-bowles and the republicans want the business community to hear their ideas and make the case a big deal should include spending cuts and reforms. >>shepard: thank you, mike, from capitol hill. grover norquist will join neil cavuto next hour and talk about breaking the anti-tax pledge by some republicans. >> the generation leader who brokered the
reform and spending cuts over the raising of taxes. here is the senate republican leader on what the g.o.p. is offering. >> without compromising our principles we put skin in the game and recognition to the fact while democrats don't run this town, neither do we. we have been responsible even as we remain firm on this point. no tax increases now for promised spending cuts that you will not materialize later. the american people have seen that game before. they won't be fooled again....
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Nov 23, 2012
11/12
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FBC
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eye 91
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that includes all taxes also. and we look at other cities like boston coast-to-coast or new york coast to coast, we are seeing those fares nonstop for $250 for the first of the year. you may need to be slightly flexible, but those are some of the best deals. even florida, i think, will be the gold mine. even for the los angeles area to four lauderdale are in the mid two hundreds. you are going coast to coast for sure. it is a nice place to be in the wintertime. orlando, tampa, fort lauderdale, those are the three that i would look at. after january 7, again. and then in europe. this is my best deal. i swear. i cannot believe it is this good. $516 in fuel surcharges. this gives you two continents. asia and europe all in the same trip. it is in -- in -- round trip all taxes included. new york and boston, $500. dagen: one quick thing, though, why are they offering the deals? are bookings falling off the cliff made january? >> there is a lot of us who have to travel during the holidays. there is a bunch of us on the r
that includes all taxes also. and we look at other cities like boston coast-to-coast or new york coast to coast, we are seeing those fares nonstop for $250 for the first of the year. you may need to be slightly flexible, but those are some of the best deals. even florida, i think, will be the gold mine. even for the los angeles area to four lauderdale are in the mid two hundreds. you are going coast to coast for sure. it is a nice place to be in the wintertime. orlando, tampa, fort lauderdale,...
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Nov 26, 2012
11/12
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KPIX
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if an agreement is not reached by the end of the year, a series of tax increases and spending cuts will automatically kick in. lawmakers in both major parties say they're willing to compromise. >> when you're $16 trillion in debt, the only pledge we should be making to each other is avoid becoming brief and republicans should put revenue on the table. >> the big questions are weather republicans are open to some forms of tax increases and whether democrats will consider cuts to entitlement programs. >>> a san francisco's couple challenge of the defense of marriage act will be one of several the u.s. supreme court considers this week. they will decide whether to hear an appeal of the prop 8. they're expected to meet this week to decide which cases it will hear next year. >>> on this monday, while we're cyber shopping, it's about the fog today. >> it is. >> sorry about that. >> dangerous out there. >> it's pretty tough, you're driving along, clear skies and all of a sudden you hit the fog that's out there. the numbers on the chilly side as well as we start off monday. we'll be talking wet
if an agreement is not reached by the end of the year, a series of tax increases and spending cuts will automatically kick in. lawmakers in both major parties say they're willing to compromise. >> when you're $16 trillion in debt, the only pledge we should be making to each other is avoid becoming brief and republicans should put revenue on the table. >> the big questions are weather republicans are open to some forms of tax increases and whether democrats will consider cuts to...
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Nov 23, 2012
11/12
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CNBC
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there's possible tax raises on capital gains next year. you can see that investors are excited about that. that stock up 13.5 person. >> i expect to hear those two words quite a lot between now and the end of the year. >>> tech stocks are a big force behind black friday seema mody has more. >> absolutely nasdaq is on track to have the first best and best five -- we're seeing research in motion, the best performs stock on the back of that bullish analyst note we've been talking about all day. hewlett-packa hewlett-packard, shares hit a ten-year low. related to autonomy. apple also up today, set to snap an eight-week losing streak, the longest since the dot-com bubble streak. and speaking of apple, in lieu of black friday, the tablet wars are definitely heating up. >> you would think so. seem that, thank very much. >>> before shoppers were flocking to the mall, frayeder were flocking to the retail stock themselves. so will retails continue toss the better play and outperform the s&p? that's what we're talking about today. on the technical sa
there's possible tax raises on capital gains next year. you can see that investors are excited about that. that stock up 13.5 person. >> i expect to hear those two words quite a lot between now and the end of the year. >>> tech stocks are a big force behind black friday seema mody has more. >> absolutely nasdaq is on track to have the first best and best five -- we're seeing research in motion, the best performs stock on the back of that bullish analyst note we've been...
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Nov 21, 2012
11/12
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CNBC
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i mentioned the tax issues. >> the tax issues people have shown that they don't care about it. we have seen it. people still don't change the buying habits yet. >> my point. >> you like the samsung. >> and i own google. it is the closest to creating its own ecosystem to the likeness of the apple. they are every place. they give you so many choices. you don't have the one stop shopping with the iphone. you get the phones and everything else that comes along with it. >> everything else? search is the biggest thing. self drive car. >> look at those legs. >> i have great legs. >> that was a few years before. >> now you can really lift the packages. >> it's a family show. >> i meant packages. >> it's a family show. put a ribbon on that. >>> jane wells joins us with a look at what is going on next. >> nice package, guy. we are going to talk poker, football and if people left their hearts in san francisco where did they leave their brains? we will find out after the break. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to pr
i mentioned the tax issues. >> the tax issues people have shown that they don't care about it. we have seen it. people still don't change the buying habits yet. >> my point. >> you like the samsung. >> and i own google. it is the closest to creating its own ecosystem to the likeness of the apple. they are every place. they give you so many choices. you don't have the one stop shopping with the iphone. you get the phones and everything else that comes along with it....
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Nov 26, 2012
11/12
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KTVU
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they want to raise taxes and republicans don't want to. they are willing to cap certain deductions. >>> and perspective police officers, you can start applying for jobs at the san francisco police department this morning and they will start accepting applications for entry level police officers. eligible application cans have to be at least 20 years old, have a valid california driver's license and high school diploma or equivalent. it will end on friday december 7th and the starting pay for a san francisco police officer is 88,000 dollars a year. well for the san francisco 49ers there are quarterback questions all over again. it happened for the second straight game for the quarterback and coming up, what coach jim harbaugh is saying about who will be his starter in the future. >>> we have been talking about fog and i'm not sure if there is an incident in south san francisco. northbound at the 380 split, just north of fso, let's head out to our maps and a bicycle is laying on the shoulder and officers are not sure if this was an accident
they want to raise taxes and republicans don't want to. they are willing to cap certain deductions. >>> and perspective police officers, you can start applying for jobs at the san francisco police department this morning and they will start accepting applications for entry level police officers. eligible application cans have to be at least 20 years old, have a valid california driver's license and high school diploma or equivalent. it will end on friday december 7th and the starting...
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Nov 23, 2012
11/12
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CNBC
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any tax hikes are expected to hit the highest earners the hardest. it is unclear whether this is all bad news for luxury retailers like sachs, nordstrom's and tiffany's. with more of the wealthy thinking about uncle sam this christmas, rather than santa, we'll be watching these luxury companies very cautiously. >> a different bearded gentleman that they're thinking about. >> exactly. that's right. >> thank you, robert. >>> let your fingers do the saving. coming up next, we'll tell you about half-a-dozen apps that could put some extra bucks in your wallet this holiday and beyond. >> i'm doing apps now. oh, dear. >>> later, how about doing holiday shopping at a mom and pop store tomorrow. we'll talk about the american express executive behind this saturday's small business movement in a few minutes. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for le
any tax hikes are expected to hit the highest earners the hardest. it is unclear whether this is all bad news for luxury retailers like sachs, nordstrom's and tiffany's. with more of the wealthy thinking about uncle sam this christmas, rather than santa, we'll be watching these luxury companies very cautiously. >> a different bearded gentleman that they're thinking about. >> exactly. that's right. >> thank you, robert. >>> let your fingers do the saving. coming up...
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Nov 24, 2012
11/12
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KGO
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. >> it will bring 2.4 million of property tax into the city, million of which will go to our schools. it will create 2,000 jobs. >> but a group is fighting the development. they have lived aboard their cruiser for 20 years. they don't know where they are going. >> i'm on fixed income. i can't afford to put a first and last down on someplace. >> he doesn't have any hard feelings. she helped him when he had cancer and not to worry about the rental when he was sick. >> we were always friends. >> the fight is with the developers plans to privatize the outer harbor which they are leasing from the state. that harbor is open to the public. anyone can rent a berth there. but the new project will limit the berths to residents of the new complex. >> when the state gave the lease they said only for so long for a commercial harbor. >> the planning commission recently approved the project. tenants group filed an a appeal. >> the redwood city council will hear the appeal on january 28. by then it may be too late for the tenants because they have been told to move out by january 15th, two weeks bef
. >> it will bring 2.4 million of property tax into the city, million of which will go to our schools. it will create 2,000 jobs. >> but a group is fighting the development. they have lived aboard their cruiser for 20 years. they don't know where they are going. >> i'm on fixed income. i can't afford to put a first and last down on someplace. >> he doesn't have any hard feelings. she helped him when he had cancer and not to worry about the rental when he was sick....
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Nov 26, 2012
11/12
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KRON
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also according to this poll one of the forces that tax increases and spending cuts will cause a crisis. >> customers swarm stores and record numbers for the black friday deals. 247 million shoppers. and that is more this year than last year and they also spent more. with the average person spending $423. on this four day weekend, id is $59 billion and that is also up from last year. it is a pretty good weekend for retailers. 41 percent of consumers are going to purchase items online this year and the bad guys are going to ponder those shoppers. and cyber gangs.. will have new and old internet scams to hijack accounts. one half are using web browsers with out any security measures or if they do they are out of date. experts are looking for bogus coupons and too good to be true advertisements with links on social media. if you need extra holiday crash perhaps go to or arizona or organ those are the places where you can get multi-state power ball. with no winners on saturday the jackpot is $425 million. it is up for grabs and it is on this wednesday it rolled over for the 15th straight ti
also according to this poll one of the forces that tax increases and spending cuts will cause a crisis. >> customers swarm stores and record numbers for the black friday deals. 247 million shoppers. and that is more this year than last year and they also spent more. with the average person spending $423. on this four day weekend, id is $59 billion and that is also up from last year. it is a pretty good weekend for retailers. 41 percent of consumers are going to purchase items online this...
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Nov 28, 2012
11/12
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KNTV
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cut dilemma. >> every republican in congress signed a no tax pledge created by americans for tax reform chair, grover norquist. now some republicans are abandoning the anti-tax pledge as fast as they abandoned -- what's his name? i got it. don't help me. don't help me. rip flaumbe. >> we recently reported "the on june" satire newspaper named north korean leader kim jong un the sexiest man alive. apparently the joke was lost on china's communist party newspaper. they ended up running a 55-page spread of the leader congratulating him for the title. you can understand how that can be confusing, you know, his fashion sense. >> because i'm gullible? >> a little bit of everything. come on. you've got to have found with it. >> the "two and a half men" with thing, should we believe the video where he was live or the pr statement? >> i think we should believe he makes $350,000 an episode and that's enough said. >>> this is from care 11 news in minneapolis, where a wave of baby blue swept through a maternity ward for three days. delivery room doctors shouted it's a boy 19 consecutive times betwee
cut dilemma. >> every republican in congress signed a no tax pledge created by americans for tax reform chair, grover norquist. now some republicans are abandoning the anti-tax pledge as fast as they abandoned -- what's his name? i got it. don't help me. don't help me. rip flaumbe. >> we recently reported "the on june" satire newspaper named north korean leader kim jong un the sexiest man alive. apparently the joke was lost on china's communist party newspaper. they ended...
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Nov 27, 2012
11/12
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FOXNEWSW
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reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to increase tax rates arguing that will hurt job growth. democrats say the middle class could be spared from a tax increase now. >> however as we continue to negotiate a responsible path forward i remind everyone within the sound of my voice of one fact. this congress is where one vote away from avoiding the fiscal cliff for middle class families
reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making...
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Nov 27, 2012
11/12
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KQED
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cuts for the top 2% because it's bad economic policy. >> reporter: the president's tax plans got some support from legendary investor warren buffett today. writing in the new york times, buffett says higher taxes won't lead the wealthy to go on strike and give up promising investment opportunities. darren gersh, "n.b.r.," washington. >> tom: talk of the fiscal cliff threat didn't seem to hurt cyber monday, the biggest online shopping day of the year. americans are expected to spend $1.5 billion online today according to research firm comscore. that's up 20% from last year, as retailers pull out all the stops to get shoppers to click on their websites. erika miller has more. >> reporter: many americans were hard at work today. but others were hardly working-- using high speed office computers to scour the internet for bargains. others browsed at retail stores, but used mobile phones and tablets to make their purchases online. >> but internet shopping is more than just price comparison this year. it's about going shopping with friends and family even when they're not there. >> it makes
cuts for the top 2% because it's bad economic policy. >> reporter: the president's tax plans got some support from legendary investor warren buffett today. writing in the new york times, buffett says higher taxes won't lead the wealthy to go on strike and give up promising investment opportunities. darren gersh, "n.b.r.," washington. >> tom: talk of the fiscal cliff threat didn't seem to hurt cyber monday, the biggest online shopping day of the year. americans are expected...
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Nov 22, 2012
11/12
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MSNBCW
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and i think it's still very likely they're going to end up compromising on the tax rate. the president opened the door. his opening position he wanted the top rate to go to 39.6%. he's signaling and the white house signaled they can take 37%, but with additional reductions in deductions so overall tax payment by wealthy americans would continue to go up. but these are just opening positions. the tea party's going to be a force. they're not going to be the ultimate decider the big fear to both of you, if there's no deal the markets are going to tank. listen to ben bernanke's assessment. >> indeed by the reckoning of the congressional budget office the cbo and outside observers, fiscal shock of that size would sent the economy toppling back into recession. >> and it wouldn't keep saying the deal's going to get done. if not, there are real repercussions, steve. >> absolutely. but, alex, what we're looking at now, as we head into next week, the general framework for the talk for the next four weeks is kind of a two-track system. one is let's do some agreement to avoid the fis
and i think it's still very likely they're going to end up compromising on the tax rate. the president opened the door. his opening position he wanted the top rate to go to 39.6%. he's signaling and the white house signaled they can take 37%, but with additional reductions in deductions so overall tax payment by wealthy americans would continue to go up. but these are just opening positions. the tea party's going to be a force. they're not going to be the ultimate decider the big fear to both...
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Nov 26, 2012
11/12
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FBC
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simplifying the tax code, keeping those marginal tax rates low. let's not create a worse in the distortions that already exist in the tax code. dagen: great to see you. take care. we will see you soon. connell: there it is. closing loopholes with norquist. we consider that a tax hike. dagen: lindsey graham. you made the point. loud and clear. a lot of people backing off. connell: backing off the pledge. people will be losing their benefits at the end of the year if congress does not act now. dagen: the money game for the holidays. americans are sitting at their computer screens, not working, looking for the perfect gift. take a look at oil. see where it is trading today. oil is at $87 a barrel. connell: eight quarter past the hour. we will have stocks now as we do every 15 minutes. nicole: we are at our session lows of the day. we certainly had a nice run up last week. over a 100-point game. we are losing about 100 points. i just checked on the dow jones industrials. twenty-eight of the names out of 30 were in the red. intel and caterpillar were t
simplifying the tax code, keeping those marginal tax rates low. let's not create a worse in the distortions that already exist in the tax code. dagen: great to see you. take care. we will see you soon. connell: there it is. closing loopholes with norquist. we consider that a tax hike. dagen: lindsey graham. you made the point. loud and clear. a lot of people backing off. connell: backing off the pledge. people will be losing their benefits at the end of the year if congress does not act now....
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Nov 23, 2012
11/12
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MSNBCW
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taxes, that challenge is going to be to find a way to increase taxes on the wealthy. to increase taxes on higher earners without increasing the rate. that would be a win win for both sides. the question is, how do you do that? one option, to potentially roll back tax breaks that wealthier americans and corporations are given. they're batting a couple of ideas around. one thing that is giving folks hope, the fact that house speaker john boehner and eric cantor seem to be working more in lock step now than they were during the summer of 2011. if that holds, it really could help the house of representatives to get on 3w0rd of some type of idea. >> we've heard from chairman bernanke and others. how much of a factor will the fed and the ceos of all these major companies be as we get closer to this major deadline? >> one of the questions is how do people react where all these tax increase, all these spending cuts take effect. if there's no deal in the middle of december, say, do we start to see some real impacts? do companies start slowing their capital spending plans, do t
taxes, that challenge is going to be to find a way to increase taxes on the wealthy. to increase taxes on higher earners without increasing the rate. that would be a win win for both sides. the question is, how do you do that? one option, to potentially roll back tax breaks that wealthier americans and corporations are given. they're batting a couple of ideas around. one thing that is giving folks hope, the fact that house speaker john boehner and eric cantor seem to be working more in lock...
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Nov 27, 2012
11/12
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KICU
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if you don't pay sales taxes online then you owe a use tax that you must file on your state taxes which few people do. >> i think they need to do it nationally somehow. i think the country is missing out on a lot of sales tax. a lot of revenue. >> reporter: since september the state has collected less than $20 million from this so called amazon tax. and one board member said that of those who are supposed to be collecting this tax, few are doing so. >>> on ktvu.com you will find a cyber monday tab with information on protecting yourself whenever you shop online including the top 10 internet scams to avoid. >>> before the rain gets here we've got some fog to contend with. we had a bunch of fog this morning and we're going to have a bunch of fog ben tomorrow -- fog again tomorrow morning. we have fog out toward san rafael, out toward black point area. the overnight low will get you fog as well. the recent rain and fog on the ground. the moisture now is cooling. as it cools to that dewpoint we get fog. it will impact your morning commute just as it did this morning. there was a dense fog a
if you don't pay sales taxes online then you owe a use tax that you must file on your state taxes which few people do. >> i think they need to do it nationally somehow. i think the country is missing out on a lot of sales tax. a lot of revenue. >> reporter: since september the state has collected less than $20 million from this so called amazon tax. and one board member said that of those who are supposed to be collecting this tax, few are doing so. >>> on ktvu.com you will...
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Nov 24, 2012
11/12
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FBC
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let's have income taxes at 15%, gift taxes at 15%. let's make sure that warren buffett probably starts paying not just like a secretary, a proper percentage. what has been proposed will not have warren buffett paying this percentage. let's have a flat tax. take him at his word and if you make more common you will pay more, not the only way it will happen. lou: the president himself may have been talking to you or steve forbes. >> this is a great time. not only that, let's not forget that the last time that the senate had a budget is when harry reid worked with his friend, and nobody in the 2008 budget complained that they weren't spending enough money. that cuts out a trillion in spending right there. are you concerned about the time that they had taken have taken on this first day of the discussion? >> i was not hopeful that the president's tone. [talking over each other] [talking over each other] lou: are you being partisan here? >> i am not being partisan. i am being objective when i say that the president pays 1.6 trillion in new
let's have income taxes at 15%, gift taxes at 15%. let's make sure that warren buffett probably starts paying not just like a secretary, a proper percentage. what has been proposed will not have warren buffett paying this percentage. let's have a flat tax. take him at his word and if you make more common you will pay more, not the only way it will happen. lou: the president himself may have been talking to you or steve forbes. >> this is a great time. not only that, let's not forget that...
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Nov 26, 2012
11/12
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FBC
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let's have income tax, 15%, gift taxes, 15%, let's make sure that warren buffett finally starts paying at least as much as his secretary, in the percentage, and, what has been proposed, here, by the president, will not have warren buffett paying the same as his secretary, in percentage. let's have a flat tax, lou. let's take the president at his word. if you make more you will pay more and this is the only way that that is going to happen. >> lou: you know i believe the speaker boehner, perhaps the president himself may have been talking to you, talking to steve forbes and others who talked about the possibility of reforming the entire tax code. that could -- >> this is a great time. you know, the kind of time... and, not only that, let's don't forget the last time that the senate had a budget, it was when harry reid worked with his friend, speaker pelosi and nobody in the 2008 budget complained that it wasn't spending enough money. let's go back to 2008. $2.5 trillion, and cuts off a trillion in spending, right there. >> lou: there are all sorts of ways to get there, as you suggest he
let's have income tax, 15%, gift taxes, 15%, let's make sure that warren buffett finally starts paying at least as much as his secretary, in the percentage, and, what has been proposed, here, by the president, will not have warren buffett paying the same as his secretary, in percentage. let's have a flat tax, lou. let's take the president at his word. if you make more you will pay more and this is the only way that that is going to happen. >> lou: you know i believe the speaker boehner,...
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Nov 22, 2012
11/12
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FOXNEWSW
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no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. gregg: there it is, here comes santa claus right down santa claus lane. the first time of fifth avenue, lining the streets, the music is filling the air. this is the 86th annual macy's thanksgiving day parade. a late start of the to the morning, but as you can see, macy's welcoming newcomers through a lineup of giant balloons this year, including elf on a shelf and papa smurf. wow, that is a big santa. it looks like he has already had a turkey or two this morning. speak to the family of a missing soldier making a desperate search for their daughter and sister's disappearance. kelly bordeaux, here is her picture, she vanished after a night out back in april. the search for the 23-year
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. gregg: there it is, here comes santa claus right down santa claus lane. the first time of...
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Nov 28, 2012
11/12
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KNTV
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education tax credits and other credits for low income families. also, federal aid education, agriculture subsidies will be reduced if not eliminated, at least for the time being. between higher taxes and dramatic reductions, everyone, i mean everyone will fall over that fiscal cliff. >> you have two camps out there. some are saying let's push it to the end and don't move. other people are fearful that we will go over the cliff. so are we going to have an agreement? >> it's more clear than ever that both sides get it. i mean they understand the severity of the problem. it's equally clear near side wants to give more than they have to. they are likely the to reach an agreement, but not before the last possible moment. expect brinkmanship like you've never seen it before. >> that sounds menacing. i'm sure we're going to be talking about this cliff a lot more. >>> president obama wants to nominate un ambassador susan rice for secretary of state. that's the takeaway from a highly anticipated meeting between rice and john mccain and lind sai gram. they'
education tax credits and other credits for low income families. also, federal aid education, agriculture subsidies will be reduced if not eliminated, at least for the time being. between higher taxes and dramatic reductions, everyone, i mean everyone will fall over that fiscal cliff. >> you have two camps out there. some are saying let's push it to the end and don't move. other people are fearful that we will go over the cliff. so are we going to have an agreement? >> it's more...
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Nov 27, 2012
11/12
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KTVU
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if you don't pay sales taxes online then you owe a use tax that you must file on your state taxes which few people do. >> i think they need to do it nationally somehow. i think the country is missing out on a lot of sales tax. a lot of revenue. >> reporter: since september the state has collected less than $20 million from this so called amazon tax. and one board member said that of those who are supposed to be collecting this tax, few are doing so. >>> on ktvu.com you will find a cyber monday tab with information on protecting yourself whenever you shop online including the top 10 internet scams to avoid. >>> before the rain gets here we've got some fog to contend with. we had a bunch of fog this morning and we're going to have a bunch of fog ben tomorrow -- fog again tomorrow morning. we have fog out toward san rafael, out toward black point area. the overnight low will get you fog as well. the recent rain and fog on the ground. the moisture now is cooling. as it cools to that dewpoint we get fog. it will impact your morning commute just as it did this morning. there was a dense fog a
if you don't pay sales taxes online then you owe a use tax that you must file on your state taxes which few people do. >> i think they need to do it nationally somehow. i think the country is missing out on a lot of sales tax. a lot of revenue. >> reporter: since september the state has collected less than $20 million from this so called amazon tax. and one board member said that of those who are supposed to be collecting this tax, few are doing so. >>> on ktvu.com you will...
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Nov 27, 2012
11/12
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CNBC
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tax hikes, tax hikes, and tax hikes. one way or another, that's about all i hear on this fiscal cliff business, and you know what? what about spending cuts which is the true source of the deficit problem along with anemic economic growth. and here's one. we just got confirmation that the latest fiscal numbers from the treasury department show the federal government ran up more red ink in october than it did the year before, and guess what? spending went up double digits from the year before. what a surprise. but the white house got one thing right today. it released a study showing that a massive year-end tax hike would kill consumer spending by $200 billion, right. so let's not raise taxes. and in addition to all of this, the joint chiefs of staff is apparently drawing up plans to keep 10,000 u.s. troops in afghanistan past the 2014 deadline. this break a president obama promise, but some promises are made to be broken, and i think this is probably a good move. but first up congress back at work tonight after the holida
tax hikes, tax hikes, and tax hikes. one way or another, that's about all i hear on this fiscal cliff business, and you know what? what about spending cuts which is the true source of the deficit problem along with anemic economic growth. and here's one. we just got confirmation that the latest fiscal numbers from the treasury department show the federal government ran up more red ink in october than it did the year before, and guess what? spending went up double digits from the year before....
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bradley manning's allegedly of the wiki leaks documents which i think is important to put out for can tax purposes because after that they formed a working group and started to put together this activity yeah absolutely seeing as bradley manning was a member of the military and you know was accused of leaking these classified documents this would fall under what the president has said you know needs to be monitored. so it's a what do i mean as far as bradley manning i mean this is you know took place two years ago or more talk about you know his role and this memo. well what we're seeing is just the slow wheels of bureaucracy turning because this was part of the program was that you would go back and get these standards and what we're seeing with this memo is the agency is following through with the stablish ing these standards in a superfluid and it goes along with the fact that there's been this leak hysteria in the past months starting in may you had those stories related to the cia sting operation with the underwear bomb plot you had people talking with reporters about the drone progr
bradley manning's allegedly of the wiki leaks documents which i think is important to put out for can tax purposes because after that they formed a working group and started to put together this activity yeah absolutely seeing as bradley manning was a member of the military and you know was accused of leaking these classified documents this would fall under what the president has said you know needs to be monitored. so it's a what do i mean as far as bradley manning i mean this is you know took...
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Nov 29, 2012
11/12
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KGO
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taxes will go upgv[; $2200 come january 1 ask both parties say they're open to compromise. the president says social media gets the message across. >> members of congress, write ask e mail. posted on the facebook walls. you can tweet it. using hash tag my 2 k. not y 2 k. my 2 k. >> one of the small business owners yesterday is the co-founder of oakland organic mushroom company called back to the roots. >> in washington, d.c. there is going to be-to-have to be things that are cut to provide stories for them to take back as proof. why this is important for small businesses to be the last things cut. they're the fabric of the country and economy. so want to stress that to them. how important this has been for us and others too. >> he admits the small business benefited from incentive programs. now they have 31 employees. >> new jersey governor says super storm sandy caused $37 billion in damage to his state saying 30,000 homes or businesses were destroyed or sustained damage. he's requesting $37 billion from the federal government. >> and a new un climate change report out say
taxes will go upgv[; $2200 come january 1 ask both parties say they're open to compromise. the president says social media gets the message across. >> members of congress, write ask e mail. posted on the facebook walls. you can tweet it. using hash tag my 2 k. not y 2 k. my 2 k. >> one of the small business owners yesterday is the co-founder of oakland organic mushroom company called back to the roots. >> in washington, d.c. there is going to be-to-have to be things that are...
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Nov 23, 2012
11/12
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KTVU
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a package of tax increases and spending cuts known as the fiscal cliff will take effect in january unless congress can balance the budget. >>> time now, 7:49. police near seattle say a drunk driver ran over two holiday p shoppers last night at the a wal-mart. one o -- one of those victims was pinned beneath the suv. her injuries so severe she was air lifted to a trauma center. the driver a 71-year-old person was arrested on charges of vehicular assault. police say they did smell alcohol on his breath. >>> the black friday rush also got off to an ugly start in indianapolis. there was an angry rant and security was called in after an angry rant inside a kmart store last night. they were handed out $200 vouchers for plasma tvs and some of the shoppers began selling their vouchers to other people who did not wait in line. >> everybody started going crazy about it and cops got called in and it was a mad house. >> police did show up there and escorted the woman out of the store, but she was not arrested. >>> there's a way if you want to watch the world series champion san francisco giants that
a package of tax increases and spending cuts known as the fiscal cliff will take effect in january unless congress can balance the budget. >>> time now, 7:49. police near seattle say a drunk driver ran over two holiday p shoppers last night at the a wal-mart. one o -- one of those victims was pinned beneath the suv. her injuries so severe she was air lifted to a trauma center. the driver a 71-year-old person was arrested on charges of vehicular assault. police say they did smell...
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Nov 26, 2012
11/12
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KTVU
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so if they don't act, everyone will be owing more taxes. that could affect the spending habits on some people. >> they are not spending like they would because they still don't know what will happen. >> and congress, they only have 35 days now to come to an agreement on the deficit reduction. if they don't, then the automatic tax hikes will be taking effect on january 1. >>> one bay area hospital is demanding to be reimbursed by the los angeles dodgers for the care they gave to brian stowe. the giant's fan who was brutally beaten outside the dodger's stadium a year and a half ago. they join us from the general hospital. how much money are you talking about here, brian? >> good morning to you. yeah, we're talking about $1.4 million seeking reimbursement from the l.a. dodgers. they went to the bankruptcy court recently in an effort to seek permission to pursue that reimbursement from the dodgers. stowe was brutally attacked in the parking lot while watching the home opener. since then they had to put the bill for the medical care. the hospita
so if they don't act, everyone will be owing more taxes. that could affect the spending habits on some people. >> they are not spending like they would because they still don't know what will happen. >> and congress, they only have 35 days now to come to an agreement on the deficit reduction. if they don't, then the automatic tax hikes will be taking effect on january 1. >>> one bay area hospital is demanding to be reimbursed by the los angeles dodgers for the care they...
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Nov 23, 2012
11/12
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MSNBCW
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some will not sign this no tax pledge. so there is some sense maybe his influence will wane a little bit. i think he'll be an influential player down the road. >> i'm sorry to cut this short. i want to thank you for your time nonetheless. we will see you guys again. thank you. >> thank you. >>> still ahead, this partisan rush. what is the outlook for compromise when a majority of states will be under single party control? plus, which toys will be selling like hotcakes? toys 'r' us' ceo is here to break down the big ticket items. ♪ it's so important to make someone happy ♪ when you give a child a toy, it has to work. ♪ make just one someone happy and when it's a toys for tots child, well, what could be more important? so this year, every hasbro toy donated to toys for tots will be powered by duracell. happy holidays. duracell with duralock. trusted everywhere. >>> giving you a look at these new protests happening right now in cairo's tahrir square. supporters and opponents of egypt's new president, mohamed morsi, are
some will not sign this no tax pledge. so there is some sense maybe his influence will wane a little bit. i think he'll be an influential player down the road. >> i'm sorry to cut this short. i want to thank you for your time nonetheless. we will see you guys again. thank you. >> thank you. >>> still ahead, this partisan rush. what is the outlook for compromise when a majority of states will be under single party control? plus, which toys will be selling like hotcakes? toys...
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Nov 21, 2012
11/12
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FBC
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i just would rather have a consumption tax than a tax on income tax rates. and by the way, i believe the president, his ideas as they're formulating behind a carbon tax, he would rebate, he would charge extra for gasoline -- for oil, natural gas, and other fossil fuels and coal, but then he would rebate the money through the payroll tax to middle class and poor people. that's how he would do it. it's interesting. >> i'm not shocked, right? spread it all around. stuart: exactly. i have to break in for some preaking news. we have been talking about a union protest at chicago's o'hare airport, possibly making air travel is a bit of a hassle today. well, our jeff flock is at o'hare. he tells us flights have been cancelled. 400 delayed because of dense fog until 1:00 p.m. eastern. if you are traveling today, you want to know that. big deal at o'hare. we have hostess back again in liquidation. the union blames poor management. the management blames the union. but up next a guest that blames you the consumer for the company's shutdown. and she's happy about it. she
i just would rather have a consumption tax than a tax on income tax rates. and by the way, i believe the president, his ideas as they're formulating behind a carbon tax, he would rebate, he would charge extra for gasoline -- for oil, natural gas, and other fossil fuels and coal, but then he would rebate the money through the payroll tax to middle class and poor people. that's how he would do it. it's interesting. >> i'm not shocked, right? spread it all around. stuart: exactly. i have to...
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Nov 24, 2012
11/12
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KRON
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. >> however, that tax advantage it. at command amazon. also, taxing of this year in other states like pennsylvania, texas. online retailers collect where they have the physical presence half. here, and california, and the sun is building to giant warehouses. amazon that-it is 1 million square feet in your los angeles but the old fashioned retailers it is another reason to worry. >> because there items is to get items to their customers faster with even same day delivery. you can even avoid stores and have a package delivered to your house and a matter of hours. >> this is a win for consumers to difficult for retailers. >> when they create distribution centers, it is taking back that small business owners. >> that means that retailers will up their game. >> they can take a lesson from amazon. and focus on the consumer experience with more sophisticated online, offline. >> for those that want a lesson could learn from books inc, nearly everything that comes down amidst a tidal wave of change in the industry michael tucker's stores are thriv
. >> however, that tax advantage it. at command amazon. also, taxing of this year in other states like pennsylvania, texas. online retailers collect where they have the physical presence half. here, and california, and the sun is building to giant warehouses. amazon that-it is 1 million square feet in your los angeles but the old fashioned retailers it is another reason to worry. >> because there items is to get items to their customers faster with even same day delivery. you can...
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Nov 24, 2012
11/12
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KTVU
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that is what you will get under the new standard mileage rates when you file your taxes. the irs announced that starting next year, people who use their vehicle for business, medical or moving purposes can add in another cent per mile when they calculate tax deductions. that means taxpayers can qualify for 56.5 centss per mile for business and 24-cents per mile for moving costs. >>> bay area authorities warn the grinch also likes the black friday crowds. it is an opportunity for them to steal. >> thefts go up. folks are going to find ways to get things and they will get them by any means necessary. >> officials say more amateur thieves take the risk trying to get gifts for their family. here are a few tips. don't leave your expensive items in your car. make sure someone's home to collect packages that are being delivered. and it's also not a good idea to broadcast your travel plans on facebook or twitter. >>> san francisco photo sharing service instagram set a new record on thanksgiving. users shared photos at a rate of 226 per second on thursday. more than 10 million pho
that is what you will get under the new standard mileage rates when you file your taxes. the irs announced that starting next year, people who use their vehicle for business, medical or moving purposes can add in another cent per mile when they calculate tax deductions. that means taxpayers can qualify for 56.5 centss per mile for business and 24-cents per mile for moving costs. >>> bay area authorities warn the grinch also likes the black friday crowds. it is an opportunity for them...
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Nov 27, 2012
11/12
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MSNBCW
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the middle class. >> the payroll tax goes up and the tax goes up for everybody including the people that make just barely enough to live on. my concern is the world. i'm sitting there imagining you're in england right now or australia or africa and you're watching the news every day. and you know that in the united states both political parties, you sort of know who they are, both know there's a problem, both know the number they need to reach, both know they have to reach an agreement and they don't do it. what does it say about our country? we're the great role model for democracy or the republican forms of government and we can't govern ourselves in the simplest damn thing of getting the numbers straight. i worry about that. >> they love their party more than they love their country. how did we get to that point? don't ask me, but, you know, the whole business of reform and money in the campaign and beat up the guy and it's not a case of who wins. it's you want to be sure somebody loses. and i say to people whether it's grover norquist or whatever, lord sake, if you can't step up to t
the middle class. >> the payroll tax goes up and the tax goes up for everybody including the people that make just barely enough to live on. my concern is the world. i'm sitting there imagining you're in england right now or australia or africa and you're watching the news every day. and you know that in the united states both political parties, you sort of know who they are, both know there's a problem, both know the number they need to reach, both know they have to reach an agreement...
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Nov 23, 2012
11/12
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FBC
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what will my tax rate look like next year? what will regulation look like? what will regulation look like? do you have the same concerns? >> i have the same concerns and we have to do something. it is not an option. this is not republican or democrat problem but an american problem and israel. we don't do something about this before december, that is when you will start toosee consumers start to question leadership in washington. i don't think that is the case. i think our leadership in washington is focused -- we know who's going to be running the country and who is going to be running the house. now that that is behind us everyone can focus on reaching across the aisle and compromise and have to make progress on this fiscal cliff. i think that is important for business right now. the consumer has not focused on this but they will if we don't address it. i am confident we are going to address it in the next few weeks. cheryl: you are director of the new york fed, national retail federation, and macy's, perfect question for you. if there's one thing the admi
what will my tax rate look like next year? what will regulation look like? what will regulation look like? do you have the same concerns? >> i have the same concerns and we have to do something. it is not an option. this is not republican or democrat problem but an american problem and israel. we don't do something about this before december, that is when you will start toosee consumers start to question leadership in washington. i don't think that is the case. i think our leadership in...
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Nov 29, 2012
11/12
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CNBC
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remember all those concerns about higher taxes on dividend? the dow utilities bottomed several weeks ago. okay, it is not a gigantic move but the slope has been upward. utilities are among market leaders today. all right, fractional but it is a fairly broad advance. what about those concerns about the mortgage interest desucduct? nice little advance in some of the home builders. pending home sales above expectations. the market believes some kind of deal is coming and that it is going to be substantive. if it doesn't happen, then we're all going to pay the price in the next month or so. >> a lot of prices to be paid. >>> as the market is clearly blowing in the breeze with every single comment from both sides of the political aisle, we wonder whether or not these comments are anything more than just hot air. eamon javers, what say you? >> well, there's a lot of hot air up here on capitol hill, mandy. i just had the chance -- not that he was talking about hot air, but i just spoke briefly with former republican vice presidential candidate paul r
remember all those concerns about higher taxes on dividend? the dow utilities bottomed several weeks ago. okay, it is not a gigantic move but the slope has been upward. utilities are among market leaders today. all right, fractional but it is a fairly broad advance. what about those concerns about the mortgage interest desucduct? nice little advance in some of the home builders. pending home sales above expectations. the market believes some kind of deal is coming and that it is going to be...
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Nov 22, 2012
11/12
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FOXNEWSW
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tax me, i don't care. >> bill: you don't care if you paid more taxes? >> i pay my hung gus amount of taxes. >> bill: sure, so do i. >> so do you. >> right. >> bill: do you want to pay 40, 45% which would take you income redistributors. >> if it would help, i would not mind it the thing is it won't help. the more money they get the more they will spend. >> bill: i have got to see it's doing some good. you have a foundation and i have a foundation. we give money privately to those we know. wounded warriors, fishers out. chuck, thanks for coming and good to see you again. >> thank you, bill. >> bill: would you call yourself a conservative now. >> i have become conservative on, you know, because of the position that we're in right now. >> financial position? things like that. >> certainly financial. you know, i have always said if you were going to wear badge sheriff. >> of the world? >> yes. the of the world then you better act like wyatt earth. >> that puts you in the minority in hollywood. >> i guess so. >> bill: fear on some actors that aren't as accomp
tax me, i don't care. >> bill: you don't care if you paid more taxes? >> i pay my hung gus amount of taxes. >> bill: sure, so do i. >> so do you. >> right. >> bill: do you want to pay 40, 45% which would take you income redistributors. >> if it would help, i would not mind it the thing is it won't help. the more money they get the more they will spend. >> bill: i have got to see it's doing some good. you have a foundation and i have a foundation....
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Nov 22, 2012
11/12
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FOXNEWSW
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tax me, i don't care. >> bill: you don't care if you paid more taxes? >> i pay my hung gus amount of taxes. >> bill: sure, so do i. >> so do you. >> right. >> bill: do you want to pay 40, 45% which would take you income redistributors. >> if it would help, i would not mind it the thing is it won't help. the more money they get the more they will spend. >> bill: i have got to see it's doing some good. you have a foundation and i have a foundation. we give money privately to those we know. wounded warriors, fishers out. chuck, thanks for coming and good to see you again. >> thank you, bill. >> bill: would you call yourself a conservative now. >> i have become conservative on, you know, because of the position that we're in right now. >> financial position? things like that. >> certainly financial. you know, i have always said if you were going to wear badge sheriff. >> of the world? >> yes. the of the world then you better act like wyatt earth. >> that puts you in the minority in hollywood. >> i guess so. >> bill: fear on some actors that aren't as accomp
tax me, i don't care. >> bill: you don't care if you paid more taxes? >> i pay my hung gus amount of taxes. >> bill: sure, so do i. >> so do you. >> right. >> bill: do you want to pay 40, 45% which would take you income redistributors. >> if it would help, i would not mind it the thing is it won't help. the more money they get the more they will spend. >> bill: i have got to see it's doing some good. you have a foundation and i have a foundation....
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Nov 23, 2012
11/12
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CNNW
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value that seems incredibly inflated when they are written down on charity tax returns. take the spca international, a group that's raised $27 million to supposedly help soldiers and their pets. the group's manager wouldn't tell us anything about the money. >> no, i'm not going to reveal that. none of it. i can't answer any of your questions right now. believe me, i would love to. >> reporter: but on its tax returns, we did learn about a shipment of animal medicines the spca international donated to an animal welfare group in nepal. cnn was provided with the invoice. it shows an itemized list of drugs that the charity values at $816,000, a huge gift in kind. but when the gift arrived in nepal, the charity receiving the drugs valued them for customs purposes at a mere $2,500. tidwell arranged the shipment. how can it be $816,000 here and $2,500 there? >> the value that's placed on something according to law is placed according to the exit market. it would be what you would have to pay for it in the place that it's exiting. and the -- the fact that they might be able to pu
value that seems incredibly inflated when they are written down on charity tax returns. take the spca international, a group that's raised $27 million to supposedly help soldiers and their pets. the group's manager wouldn't tell us anything about the money. >> no, i'm not going to reveal that. none of it. i can't answer any of your questions right now. believe me, i would love to. >> reporter: but on its tax returns, we did learn about a shipment of animal medicines the spca...
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124
Nov 26, 2012
11/12
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FBC
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eye 124
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one thing is all the taxes eventually get paid. you don't get away with not paying taxes just because you put money into an ira. you have to pay when you pull it out of retirement. the second thing is there is no doubt today people can lower their tax bill, it will be definitely lower the savings rate if we were to do that. and finally, $100 billion is what we could raise. that is a drop in the bucket. a trillion plus dollars deficit. we need way more than these kind of things to fix this. we need to cut spending. that is what we need to do. this is the only way we will balance the budget. melissa: you make a point not everyone has made, just the impact of the stock market of what is going on. raising taxes on investment doesn't even hurt as much as just how much government spending is going on. >> i will try. this is the heart of economics. call it the cloud or the smart phone or the tablet, those technologies to throw out productivity efficiency. and the games society makes from these technologies, we get reinvested, sort of the
one thing is all the taxes eventually get paid. you don't get away with not paying taxes just because you put money into an ira. you have to pay when you pull it out of retirement. the second thing is there is no doubt today people can lower their tax bill, it will be definitely lower the savings rate if we were to do that. and finally, $100 billion is what we could raise. that is a drop in the bucket. a trillion plus dollars deficit. we need way more than these kind of things to fix this. we...
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basically all they have to get a license and pay taxes but living conditions in the region on good and many people are very poor. so we don't always make them do it. in winter they spend all day standing in the water even when it's up to minus forty degrees they don't do that because they have good lives. here in kurdistan is very on klondike people can say that the gold they gather is for personal use for example to make dentures from the precious metal a golden smile here is a symbol of prosperity and is considered the equivalent of a healthy bank deposit. well i don't feel any reverence for gold i mean they bring it to me and i make tea for them i take money for what i do it's just immaterial to me many choose golden teeth to make them more beautiful basically having gold in your mouth is very healthy it helps digestion. with the head of the gold panners family he first met a year ago. twenty grams then. much more modest when the youngest son killed took his life the best in the family had been lost when the started a gram of gold could be sold for a thousand. that's around twenty d
basically all they have to get a license and pay taxes but living conditions in the region on good and many people are very poor. so we don't always make them do it. in winter they spend all day standing in the water even when it's up to minus forty degrees they don't do that because they have good lives. here in kurdistan is very on klondike people can say that the gold they gather is for personal use for example to make dentures from the precious metal a golden smile here is a symbol of...
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668
Nov 25, 2012
11/12
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KNTV
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by the way, the one-time cash payout would be $312 million, before taxes of course. leading up to tonight's bonanza, there have been 14 consecutive drawings with no jackpot winner. your chances of picking five numbers and the powerball, 1 in 175 million, but hey, it is possible. a couple from iowa did hit the jackpot at $202 million back in september. so you do have a chance here. and by the way, kate, i do have my ticket and you have a couple hours, a few hours left to get yours. >> you'll share that with all of us, i'm sure, thank you. >>> and we wanted to update you on a story we first told you last night, a reason to celebrate for folks in one of the area's hardest hit by the monster storm sandy, breezy point in queens. last night, kristen diffindale and james keane said their i dos. they were busy planning their i wedding when the storm hit. their house was flooded. the church where they were supposed to get married was turned into a command center. they nearly postponed the whole thing but in the end as you can see they decided to go ahead to give their friends
by the way, the one-time cash payout would be $312 million, before taxes of course. leading up to tonight's bonanza, there have been 14 consecutive drawings with no jackpot winner. your chances of picking five numbers and the powerball, 1 in 175 million, but hey, it is possible. a couple from iowa did hit the jackpot at $202 million back in september. so you do have a chance here. and by the way, kate, i do have my ticket and you have a couple hours, a few hours left to get yours. >>...
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Nov 29, 2012
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if we can bridge the fiscal cliff and get a comprehensive tax reform and entitlement reform, you would see a market significantly higher. tracy: we have had some earnings that look positively dismal. it is a very big pricey discretionary product, but they miss earnings, that is a real fundamental, isn't it? speak we still have the s&p profit growth that is positive. you cannot continue to have double-digit earnings growth as he diyou did for 10 consecutive quarters. if we get through this cliff in the back half of 13, gdp growth rate accelerates as we anticipate and profit growth as well. tracy: if your liking big multinationals, you don't like europe yet you like the multinationals. help me wrap my mind around that. >> u.s. large caps are cheap, most of those in mall to nationals. but they don't deserve to be cheap. it is going to be a while before you get any sustained growth. you can't make that case the multinationals. it is relatively speaking a small part. the big part of the global exposure is the emerging markets. tracy: you obviously are very bullish equity sky. you have to be
if we can bridge the fiscal cliff and get a comprehensive tax reform and entitlement reform, you would see a market significantly higher. tracy: we have had some earnings that look positively dismal. it is a very big pricey discretionary product, but they miss earnings, that is a real fundamental, isn't it? speak we still have the s&p profit growth that is positive. you cannot continue to have double-digit earnings growth as he diyou did for 10 consecutive quarters. if we get through this...